This banknote represents a crucial financial transaction in the history of The Church of Jesus Christ of Latter-day Saints. Signed by President Wilford Woodruff, George Q. Cannon, and Joseph F. Smith, the note was issued to Zion’s Savings Bank and Trust Co. for $10,000 in U.S. gold coin.
On the same day, Church leaders urgently raised $50,000 to secure a valuable mining property, as recorded in George Q. Cannon’s journal. This note was part of that effort, ensuring financial stability and investment in Church assets. Marked "paid," it signifies the successful resolution of this financial challenge.
Lender: Zion’s Savings Bank and Trust Co., Salt Lake City
Signers: Wilford Woodruff, George Q. Cannon, Joseph F. Smith
Amount: $10,000 in U.S. Gold Coin